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Bill

Bill

A 2493

Relates to a tax credit for the installation of electrical outlets for charging electric cars in certain parking garages

2025 Regular Session Introduced by Jeffrey Dinowitz

Bill A 2493 offers tax credits to parking garage owners for installing EV charging outlets, boosting electric vehicle adoption and supporting environmental sustainability.

REFERRED TO WAYS AND MEANS
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Bill Summary · A 2493

Summary of Bill A 2493

Bill Number: A 2493
Title: Relates to a tax credit for the installation of electrical outlets for charging electric cars in certain parking garages
Status: Referred to Ways and Means
Introduced: January 17, 2025
Classification: Bill

Purpose and Intent

Bill A 2493 aims to promote the adoption of electric vehicles (EVs) by providing a financial incentive for the installation of electrical outlets specifically designed for charging electric cars in designated parking garages. The intent of the bill is to enhance the infrastructure necessary for EVs, thereby supporting environmental sustainability and reducing reliance on fossil fuels.

Key Provisions

  • Tax Credit: The bill proposes a tax credit for property owners or operators of parking garages who install electrical outlets for charging electric vehicles.
  • Eligibility Criteria: The tax credit would be available for installations that meet specific technical and safety standards, ensuring that the charging stations are safe and effective.
  • Designated Parking Garages: The bill specifies that the tax credit applies only to certain parking garages, likely those that serve commercial, residential, or public facilities.
  • Implementation Timeline: While specific dates for implementation are not detailed in the current version, the bill is expected to outline a timeline for when the tax credits can be claimed following the installation of the charging outlets.

Who Would Be Affected

  • Property Owners/Operators: Owners and operators of parking garages who invest in the installation of EV charging infrastructure would benefit from the tax credit.
  • Electric Vehicle Owners: The bill indirectly benefits electric vehicle owners by increasing the availability of charging stations, making it more convenient to charge their vehicles.
  • Environmental Impact: The broader community may experience positive environmental effects due to increased EV adoption, contributing to reduced greenhouse gas emissions.

Procedural Aspects

  • Current Status: As of January 17, 2025, the bill has been referred to the Ways and Means Committee for further consideration. This step is crucial for evaluating the financial implications and potential budgetary impacts of the proposed tax credit.
  • Related Bills: Bill A 2493 is part of a series of related legislative efforts aimed at enhancing electric vehicle infrastructure, as indicated by its connection to several prior-session bills (A 110, A 569, A 8624, A 2706, A 3592, A 2273, A 1817).

Conclusion

Bill A 2493 represents a legislative effort to incentivize the installation of electric vehicle charging infrastructure in parking garages. By providing a tax credit, the bill seeks to facilitate the transition to electric vehicles, thereby supporting environmental goals and enhancing the convenience for EV owners. The bill is currently under review by the Ways and Means Committee, where its financial and logistical implications will be assessed.

Compiled from official sources — confirm details with the bill’s official record.

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